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The latest breakdown of record breaking revenue for Premier League clubs makes for pleasant reading for club accountants.

The staggering figures, revealed in Deloitte's review of football finance, show Premier League clubs generated £3.3bn in the 2014/15 season.

To put that into perspective, six Premier League clubs generated more that season than the entire top division in 1991/92.

And with the new lucrative TV deal set to come into operation from next season, experts say top level English clubs are "entering a new era of sustained profitability".

It's yet another example of the huge financial gains on offer and once again hits home as to just how crucial it was for Boro to win promotion from the Championship last season.

What do the figures show?

Record breaking revenue for Premier League clubs in the 2014/15 season.

The £3.3bn top flight clubs raked in the season before last was a 3% rise on the year previous while Premier League clubs recorded a second successive year of profit for the first time since 1999.

The average revenue of a Premier League club in 2014/15 was up 65% compared just five seasons earlier.

That increased revenue, however, led to an increase in clubs' wage costs, which increased by 7% to move beyond £2bn for the first time.

The figures also reveal that clubs' combined gross spending to sign players was a record high, an eye-watering £1.1bn

Steve Gibson celebrates

So what can Boro expect in terms of revenue next season?

Things will only get better!

If you think £3.3bn is an astonishing amount of money, Deloitte predict that by the end of next season that figure will have shot up to £4.5bn - which means Boro are in position to cash in.

That, in no small part, is down to broadcasting.

Sky Sports and BT forked out a record £5.13bn - an increase of more than £2bn on the previous deal - for the Premier League rights for three seasons, starting this coming year.

Aitor Karanka (Image: Getty Images)

In the 2014/15 season, 53% of the revenue for clubs came from broadcasting - £1.78bn - but that's expected to rise to 60% next term, predicted to be around the £2.59bn mark.

Considering three seasons ago, the broadcasting revenue for clubs was £1.2bn, it's quite the mark up and highlights just how much of an impact the new deal will have in the top flight.

Matchday revenue is also expected to continue to rise. It was around the £584m mark across the board last year but is predicted to reach £610m next year.

How does that compare to the Championship?

The second tier also recorded a revenue rise in 2014/15 - 12% to £548m.

That was the first time the figure exceeded £500m in the Championship, a sharp rise which you'd think would benefit the clubs.

But then there was the issue of rising wage costs to take into account with clubs increasingly desperate to win promotion given what's on offer in the Premier League.

Boro lost to Norwich in the 2014/15 play-off final

"Wage costs rose by 4% to £541m which, despite a reduction in the wages/revenue ratio from 106% in 2013-14 to 99%, means clubs spent almost as much on wages as they generated in revenue," said Deloitte.

"This remains an unsustainable level of spending without the support of owner funding. This resulted in operating losses of £225m and a combined pre-tax loss of £191m."

Across the board, the 92 league clubs generated more than £4bn.

What will the new TV deal mean for Premier League clubs going forward?

Will the bubble burst? Not according to Deloitte, who say Premier League clubs are "looking at at least three more years of big growth".

"What we are seeing is a continuation of club profitability, it is certainly not a one-off," said Dan Jones, of Deloitte's sports business group.

"We feel Premier League clubs have turned the corner, and are entering a new era of sustained profitability. Clubs are now attractive propositions to investors, and not merely as vanity projects."

"The pace of football's financial growth in two and a half decades is staggering," he added.

"By half-time of the second televised Premier League game next year, more broadcast revenue will have been generated than during the whole of the First Division season 25 years ago.

"The impact of the Premier League's broadcast deal is clear to see. For the first time, the Premier League leads the football world in all three key revenue categories - commercial, match day and broadcast - and this is driving sustainable profitability."

With that in mind, Jones predicts that Premier League clubs could compete with overseas rivals for the world's most sought-after players - and still have cash left over.